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V Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear

V Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below:

Original Budget Actual Costs
Variable overhead costs:
Supplies $ 6,800 $ 6,990
Indirect labor 10,620 9,970
Fixed overhead costs:
Supervision 14,610 14,390
Utilities 13,900 13,950
Factory depreciation 58,430 58,600
Total overhead cost $ 104,360 $ 103,900

The company based its original budget on 6,900 machine-hours. The company actually worked 6,860 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 6,790 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

  • $1,386 Favorable

  • $1,386 Unfavorable

  • $1,290 Favorable

  • $1,290 Unfavorable

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